Cash in Hand

A/c entries 839 views 3 replies

Hi,

if cash in hand written excess in balance sheet of a Pvt. Ltd company for the A.Y.2010-11, return submitted on 30th Sept'10, so please let me know what should we do now? Pleaseeeeeee

Replies (3)

FIRST OF ALL FIND OUT ITS COUNTER EFFECT IN THE LIABILITY SIDE AND THEN REVISED YOUR RETURN.
 

If the excess cash is a small/considerable  amount there is no need for revising the return. 

Originally posted by : mukesh kumar

FIRST OF ALL FIND OUT ITS COUNTER EFFECT IN THE LIABILITY SIDE AND THEN REVISED YOUR RETURN.
 

AGREED WITH MUKESH KUMAR !


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